Banking

RICHMOND — A federal jury found Bob and Maureen McDonnell guilty Thursday of nearly all the corruption charges against them. The 71st governor of Virginia shook, as if crying silently, as the later counts were read and the potential years in federal prison mounted for him and his wife. There were gasps and sobs in the courtroom. When McDonnell left the federal courthouse a half-hour after the verdict, he was visibly shaken. “All I can say is, my trust remains in the Lord,” he said, before ducking into a waiting car, leaving a mass of cameras and reporters behind. Henry Asbill, one of the former governor's lead attorneys, said the case will be appealed, but added...

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RICHMOND — A federal jury found Bob and Maureen McDonnell guilty Thursday of nearly all the corruption charges against them.The 71st governor of Virginia shook, as if crying silently, as the later counts were read and the potential years in federal prison...

Union Savings Bank is proud to partner with the American Red Cross on Union Savings Bank's 4th Annual Blood Drive. Last month, Union Savings Bank employees, their partners at Ventura, Ribeiro & Smith and members of the Danbury community donated enough...

Former House Majority Leader Eric Cantor is moving to Wall Street, taking a job with investment bank Moelis & Co., the firm said.
Cantor, 51, who resigned last month after an upset loss in a Republican primary in June, will be vice chairman and...

Cash has its virtues. It lets you sleep better. And everyone eventually needs some liquid currency, whether it's to pay for a minor aggravation (say, to fix a fender bender) or a major one (the car was totaled). By design, I keep 10 percent of my IRA in...

Bank of America CEO Brian Moynihan stopped recently in Farmington to visit a major office of the bank's home equity lending business. In the past 18 months, the location has added 200 employees, for a total of 650, most of them in home equity. More...

Consumers are banking less often on desktop computers, as an increasing number of people turn to mobile phones, ATMs and even branches to handle their finances, a survey released last week shows.
Asked which methods they "use most often" to...

An independent receiver was appointed Thursday to take command of Amistad America Inc., the troubled nonprofit group widely criticized for its management of the replica slave ship that it has controlled since the ship's launch 14 years ago.
Attorney...

RICHMOND — Former first lady Maureen McDonnell was a woman on the warpath some days at the governor's mansion, a close assistant testified Tuesday in Bob and Maureen McDonnell’s continuing trial on federal corruption charges.
At one point, a consultant...

University of Virginia researchers were uncomfortable about the governor’s apparent support for Anatabloc, a supplement they considered studying at its maker’s behest, a key university official testified Monday during the federal corruption trial of Bob...

Peyton R. Patterson, who gained statewide prominence a decade ago leading the conversion of New Haven Savings Bank into a publicly-traded company, has resigned from her current post as chief executive of a New Canaan-based lender, citing personal...

A month after the U.S. was eliminated from the World Cup, the country's new-found passion for soccer showed no signs of ebbing, with 10 soccer games drawing a higher average attendance, then 15 major league baseball games on Saturday.
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There's no shortage of dumb laws on the books in this country -- you can't, for example, delay or detain a homing pigeon in New Jersey or give a dog whiskey in Chicago. But what really astounds me is all the lousy things that remain legal. Sure, on any...

ESSEX — Joshua Green of Niantic is in custody after he stole money from a Bank of America on 125 Westbrook Rd., in Essex, police said. Green, 34, left the Bank of America and headed north on Route 153 with a large amount of money, police said. No dollar...

The Hispanic Coalition of Greater Waterbury has been serving our community since 1988 and continues to dedicate time to the advancement of the Hispanic community through social services, educational programs, and advocacy. The Coalition received a...

Thomaston Savings Bank has continuously supported the Boys and Girls Clubs of America within the communities it serves through grants, donations, and employee volunteer efforts.
The Bank is proud to support an organization which positively impacts so...

RICHMOND — Bob and Maureen McDonnell start the trial Monday that will dictate the rest of their lives.
Also on trial: Unsavory cash-fueled elements of politics, and Virginia's particular tradition of donor generosity toward the state's political elite. A...

U.S. Sen. Chris Murphy urged Connecticut's largest bank Friday not to close two of its three branches in Hartford's North End, concerned that a contraction in banking services will force residents into higher-cost alternatives.As of Oct. 1, Bank of...

The first indication there was a problem was when Chris Taggart received an email alert from Bank of America saying his checking account was overdrawn.
A day earlier, June 24, the Chicago resident visited a Bank of America branch in Matteson to pay the...